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August 26, 2011

2011.08.29

FAS/Seoul Monitoring of Media Reporting on Agricultural Issues
Today's Date: Friday August 26, 2011
For Coverage: August 24 - 26, 2011
 

1. GRAIN & OILSEED ISSUES

 

Tests Found Radioactive Contamination in Rice Grown in Chiba Province Japan [Korean, OSY]

http://www.yonhapnews.co.kr/economy/2011/08/26/0302000000AKR20110826046400073.HTML?template=2088

Summary: Japanese press reported on August 26 that rice grown in Chiba province was tested positive for Cesium, a radioactive material.  The province is 150 kilometers from the nuclear power plant that exploded earlier this year.  Although the amount of cesium found was far below the safety limit, people in the province are worried about additional radioactive contamination in local agricultural products.

 

Tesco Home Plus Launches ¡®Virtual Supermarket¡¯ First Time in the World [Korean, OSY]

http://www.yonhapnews.co.kr/economy/2011/08/23/0302000000AKR20110823185200003.HTML

Summary: Tesco Home Plus, the second largest hypermarket store chain in Korea, announced that it launched a virtual store in a major subway station in Seoul on August 25.  Consumers are able to scan the QR code with smart phones and place an order on spot.  Orders are serviced by Home Plus stores throughout the country and are delivered to home.  About 500 products, mostly food items, are offered in the virtual store.  Tesco Home Plus plans to increase the locations of virtual stores as well as the number of products.

  

Internet Retailers Continued an Over 20 Percent Sales Growth for Four Quarters in a Row [Korean, OSY]

http://www.yonhapnews.co.kr/economy/2011/08/25/0301000000AKR20110825179800002.HTML

Summary: According to the Korea National Statistics Office (NSO), total sales of the internet retailers in the second half 2011 amounted to 247 trillion won, up 21 percent from the same quarter last year.  NSO commented that the sales of internet retailers have continued an over 20 percent growth for the last four quarters in a row.

 

 

The information in this report was compiled by the Agricultural Trade Office (ATO) at the U.S. Embassy in Seoul, South Korea. The press summaries contained herein do NOT reflect USDA, the U.S. Embassy, or other U.S. government agency official policy or view point. U.S. food exporters can learn more about market opportunities in South Korea by reviewing ATO Seoul¡¯s Exporter Guide and other reports available at www.fas.usda.gov by clicking on ¡°attaché reports¡±.

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Agricultural Trade Office, U.S. Embassy - Seoul
Tel: 82-2-6951-6848 Fax: 82-2-720-7921
Email: atoseoul@state.gov